vaults · Silver

LBMA Silver Vault Holdings

Silver held in London vaults reporting to LBMA.

LIVEMonthly·Source: LBMA

Current Reading

Latest

28,081.56

3 months

+1.7%

Percentile

38th

Observation date

2026-06

Neutral context

Reading rising versus recent window

Observed: Latest value: 28,082 tonnes
Observed: 3 months: +1.7%
Observed: Historical percentile (available sample): 38th

Interpretation: Vault holdings increasing. Vault data is monthly and may lag spot-market moves. Does not capture all global aboveground silver stocks.

Historical Chart

Chart range uses verified stored history. Visualization and analysis: Grey Rabbit Markets. Data: LBMA.

What Is It?

Silver tonnage held in LBMA-member vaults in London.

Why It Matters

London vault holdings provide a reference point for loco-London silver stocks and institutional custody context.

How to Interpret It

Rising: Vault holdings increasing.
Falling: Vault holdings decreasing.
Elevated: Holdings elevated versus recent history.
Subdued: Holdings below recent average.
Vault data is monthly and may lag spot-market moves.
Does not capture all global aboveground silver stocks.

Limitations

Monthly frequency — not suitable for high-frequency trading signals.
Coverage limited to reporting LBMA vaults.

COMEX Registered Silver

Warrant-backed silver available for delivery against COMEX futures.

SLV Holdings

Silver held by the iShares Silver Trust (SLV).

Source and Methodology

Visualization and analysis: Grey Rabbit Markets
Data: LBMA
Update frequency: Monthly
Unit: tonnes
Verification: verified
Source link: Official provider

Source: LBMA vault holdings data.
Unit: metric tonnes.

New to this metric?

LBMA overview

Registered vs Eligible

Registered metal carries a warrant for futures delivery. Eligible metal meets exchange standards but is not currently warranted. Metal can move between the two categories.

Open Interest

Open interest counts outstanding futures contracts. It reflects paper exposure, not physical holdings, and is not inherently bullish or bearish.

Gold ETF Holdings

Holdings measure metal backing ETF shares. Monthly flows measure net changes in those holdings — they are related but not interchangeable.

Central Bank Gold Demand

Official-sector purchases provide sovereign demand context. Reported figures may lag and can be revised.

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